morgan_sc13d.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
MORGAN CREEK ENERGY CORP.
(Name of Issuer)
Common stock, $0.001 par value per share
(Title of Class of Securities)
82705B 10 1
(CUSIP Number)
WESTROCK LAND CORP.
14001 Dallas Parkway, Suite 1200, Dallas, Texas 75240
972-934-6502
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
July 14, 2011
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box x.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1. |
NAME OF REPORTING PERSON: Westrock Land Corp.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Not applicable
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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3. |
SEC USE ONLY
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4. |
SOURCE OF FUNDS:
OO
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5. |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
Not applicable.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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NUMBER OF SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
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7. |
SOLE VOTING POWER
7,700,000 Shares.
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8. |
SHARED VOTING POWER
870,000Shares*.
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9. |
SOLE DISPOSITIVE POWER
7,700,000 Shares.
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10. |
SHARED DISPOSITIVE POWER
870,000 Shares*
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11. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,570,000 Shares.
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12. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
Not applicable.
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13. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.2%
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14. |
TYPE OF REPORTING PERSON (See Instructions):
IA
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*The 870,000 shares of common stock of the Issuer are held of record by Gary Powers, who is the sole officer, director and shareholder of the Reporting Person.
This statement on Schedule 13D is filed pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended, the (“1934 Act”). Westrock Land Corp. is referred to herein as the “Reporting Person”.
ITEM 1. SECURITY AND ISSUER
The class of equity securities to which this statement relates is common stock, at a par value of $0.001 per share (collectively, the “Shares”), of Morgan Creek Energy Corp., a Nevada corporation (the “Issuer”). The principal executive offices of the Issuer are located at 5050 Quorum Drive, Suite 700, Dallas, Texas 75254.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name:
This statement is filed by Westrock Land Corp.
(b) Residence or business address:
The business address of the Reporting Person is 14001 Dallas Parkway, Suite 1200, Dallas, Texas 75240
(c) Present principal occupation and employment
Oil and gas company.
(d) Criminal proceedings:
The Reporting Person has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.
(e) Civil proceedings:
The Reporting Person has not been, during the last five years, a party to any civil proceeding of a judicial or administrative body of competent jurisdiction where, as a result of such proceeding, there was or is a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Citizenship:
Not applicable.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
See Item 4 below. Not applicable as the Reporting Person disposed of shares of common stock of the Issuer pursuant to the sale to unrelated third party purchasers in a private transaction.
ITEM 4. PURPOSE OF TRANSACTION
On July 14, 2011, the Reporting Person entered into those certain sale and purchase agreements with two separate investors (the “Investors”), pursuant to which the Reporting Person sold 2,500,000 and 5,000,00 shares of common stock of the Issuer, respectively, to two separate unrelated third parties at a per share purchase price of $0.02 per share. This resulted in aggregate proceeds received by the Reporting Person of $150,000.00.
Subject to all relevant securities law provisions, the Reporting Person may acquire or dispose of securities of the Issuer from time to time in the open market or in privately negotiated transactions with third parties.
Except as otherwise disclosed herein, the Reporting Person does not have any current plans or proposals that relate to or would result in:
(a)
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the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
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(b)
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any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
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(c)
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a sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries;
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(d)
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any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
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(e)
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any material change in the present capitalization or dividend policy of the Issuer;
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(f)
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any other material change in the Issuer’s business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;
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(g)
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changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede acquisition of control of the Issuer by any person;
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(h)
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causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
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(i)
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a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
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(j)
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any action similar to any of those enumerated above.
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)
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As of July 14, 2011, the Reporting Person is the beneficial owner of 8,570,000 shares of common stock of the Issuer (of which 870,000 shares of common stock are held of record by Gary Powers, the sole director, officer and shareholder of the Reporting Person) , representing 16.2% of the Issuer’s issued and outstanding shares.
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(b)
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As of July 14, 2011, the Reporting Person has the power to vote and direct the disposition of 8,570,000 shares (of which 870,000 shares represents a shares power to vote and direct the disposition).
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(c)
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Except as noted herein, the Reporting Person has not effected any other transactions in the Issuer’s securities, including common stock of the Issuer, within 60 days preceding the date hereof.
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(e)
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The Reporting Person is the beneficial owner of more than 5% of the Issuer’s common shares as of July 14, 2011.
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
Other than as disclosed above, the Reporting Person does not have any other contracts, arrangements, understandings or relationships with respect to securities of the Issuer including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Further, the Reporting Person has not pledged securities of the Issuer nor are the securities of the Issuer held by the Reporting Person subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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WESTROCK LAND CORP.
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Dated: July 18, 2011 |
By:
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/s/ Gary Powers
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Gary Powers |
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President
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